RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Triumph New Energy Co P/E 2024

Triumph New Energy Co P/E

23.6

Triumph New Energy Co Dividend yield

Ticker

600876.SS

ISIN

CNE000000J51

As of May 21, 2024, Triumph New Energy Co's P/E ratio was 23.6, a -5.07% change from the 24.86 P/E ratio recorded in the previous year.

The Triumph New Energy Co P/E history

Triumph New Energy Co Aktienanalyse

What does Triumph New Energy Co do?

Luoyang Glass Co Ltd is a Chinese company that was founded in 1936 and has since successfully transitioned from a state-owned enterprise to a privately-owned enterprise. The company is headquartered in Luoyang, a city in the central province of Henan. It is one of the largest companies in the Chinese glass industry. The company specializes in the production of various glass products, including tempered glass, float glass, coated glass, laminated glass, and glass products for the construction sector. Luoyang Glass has multiple production facilities in different regions of China and is also active worldwide. The company's business model is based on the manufacturing and distribution of glass products. It produces glass blanks and offers the opportunity to coat, print, or shape them. As a strong company with a long history, it operates in various sectors. Some of the main sectors are "Architectural Glass," "Automotive Glass," and "Electronic Glass." The Architectural Glass sector produces products used in the construction industry. These include windows, doors, glass facades, as well as interior fixtures such as partitions and glass showers. The company also offers special products, such as fire-resistant glass or sun control glass. Automotive Glass is another important sector of Luoyang Glass that focuses on the production of glass products for the automotive industry. This includes windshields, side windows, rear windows, and other automotive glass products. The sector also has the ability to coat and print these products, thus offering customers a complete product portfolio. The Electronic Glass sector produces products used in the electronics industry. These include screens, touchscreens, and solar cells. The sector relies on the latest technologies and offers customers a wide range of products tailored to the needs of the high-tech industry. Over the years, Luoyang Glass has expanded its range of products and services to meet the growing demands of its customers. The company strives to understand and constantly improve upon the needs of its customers in order to provide excellent service. Luoyang Glass is a leading company in the Chinese glass industry and has also made a name for itself internationally. The company is committed to further growth and expanding into new markets in order to provide its customers worldwide with the best service. Triumph New Energy Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Triumph New Energy Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Triumph New Energy Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Triumph New Energy Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Triumph New Energy Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Triumph New Energy Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Triumph New Energy Co Stock

What is the price-to-earnings ratio of Triumph New Energy Co?

The price-earnings ratio of Triumph New Energy Co is currently 23.6.

How has the price-earnings ratio of Triumph New Energy Co changed compared to last year?

The price-to-earnings ratio of Triumph New Energy Co has increased by -5.07% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Triumph New Energy Co high compared to other companies?

Yes, the price-to-earnings ratio of Triumph New Energy Co is high compared to other companies.

How does an increase in the price-earnings ratio of Triumph New Energy Co affect the company?

An increase in the price-earnings ratio of Triumph New Energy Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Triumph New Energy Co affect the company?

A decrease in the price-earnings ratio of Triumph New Energy Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Triumph New Energy Co?

Some factors that influence the price-earnings ratio of Triumph New Energy Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Triumph New Energy Co pay?

Over the past 12 months, Triumph New Energy Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Triumph New Energy Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Triumph New Energy Co?

The current dividend yield of Triumph New Energy Co is .

When does Triumph New Energy Co pay dividends?

Triumph New Energy Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Triumph New Energy Co?

Triumph New Energy Co paid dividends every year for the past 0 years.

What is the dividend of Triumph New Energy Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Triumph New Energy Co located?

Triumph New Energy Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Triumph New Energy Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Triumph New Energy Co from 6/18/1996 amounting to 0.037 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/1996.

When did Triumph New Energy Co pay the last dividend?

The last dividend was paid out on 6/18/1996.

What was the dividend of Triumph New Energy Co in the year 2023?

In the year 2023, Triumph New Energy Co distributed 0 CNY as dividends.

In which currency does Triumph New Energy Co pay out the dividend?

The dividends of Triumph New Energy Co are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Triumph New Energy Co

Our stock analysis for Triumph New Energy Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Triumph New Energy Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.